Black Forest Labs is behind the image generation functionality for Grok. What's particularly intriguing is their rumoured funding round, potentially $100M at a $1B valuation. This is a jump from their previous $150M valuation. Unlike some of their peers who've stumbled after large fundraises, Black Forest Labs seems to be taking a more secretive approach.
This strategy, coupled with their upcoming text-to-video tool, could position them as a significant player in the AI arms race.
Damn how many billlion dollar AI startups can we take
Gonna be a big bubble busting event
Let's see
There are too many AI startups right now. So I am interested to see what happens
There is no dearth of capital in this new world. Getting access to deals will be crucial and hence the high valuation
